Tuesday, January 14, 2014

Phillies not the only club to land a lucrative television deal

By SAMUEL BOTWINICK | Staff Writer
January 5, 2014 2:00 p.m.
@avdbkr20samuel

The Phillies may not have made a splash signing this offseason, but they may have put themselves in a better spot for seasons to come. 

Earlier this month the Phillies came to an agreement with Comcast SportsNet on a 25-year television rights deal worth more than $2.5 billion, according to a CSN Philadelphia spokesman.

The Phillies' stake in CSN Philadelphia will be around 25% according to a business report by John Ourand and Eric Fisher of Sports Business Daily

Yes, it seems like a lot of money and a great way for the club to remain competitive, but the Phillies are not the only club to recently sign or engage in discussions of a new television package.  

According to Forbes, the Dodgers, Angels, Padres, Mariners, Astros, Yankees, and Indians have all moved forward with new deals and the Cubs and Diamondbacks will soon join suit.

- The Philadelphia Baseball Review is the top baseball news blog in Philadelphia, providing news coverage and analysis of the 2014 Phillies and baseball in the Philadelphia-region.  

0 comments: